New Delhi, Oct 23
General insurance company SBI General Insurance on Thursday announced a 10.7 per cent increase in its gross written premium to Rs 7,376 crore for H1 FY26, surpassing the industry growth rate of 7.3 per cent.
The loss ratio also improved to 79.6 per cent in H1 FY26 from 86.1 per cent in H1 FY25. Further, it maintained a strong solvency ratio of 2.13 times, well above the regulatory requirement, indicating sound financial position and prudent capital management.
Jitendra Attra, CFO, SBI General Insurance, said that growth across multiple lines of business demonstrates the insurer's diverse portfolio and responsiveness to evolving market needs.